Euler V2 · Ethereum

BOLD (EVK Vault eBOLD-1)

Overview

The Euler V2 BOLD-1 vault on Ethereum is a single-asset lending position where suppliers earn variable interest on deposits of the BOLD token, which is pegged to a stable value. The protocol generates yield by routing borrowing demand against pooled liquidity and paying lenders from the resulting interest spread. This pool stands as one of several venues for BOLD on Ethereum but competes in a less crowded space compared to more mainstream stablecoin lending options.

Total APY currently sits at 25.45%, with no additional reward component. The 30-day trend shows an increase of 24.59%, while 7-day data is unavailable. Current yield exceeds the 30-day mean of 13.11%, indicating expanding interest for lenders in this pool. This suggests growing borrower demand or a reduction in available supply, driving up rates.

TVL currently stands at $6.29M with no recent change noted over the past week. Given its modest size, any significant fluctuation can be more pronounced relative to absolute levels. The primary risk here is depeg risk due to the stablecoin nature of BOLD. Lending utilisation on this pool appears moderate, which helps maintain a responsive rate environment for suppliers based on borrower activity.

Composed 2026-05-22 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 0.77%; 30-day mean is 0.52%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 72% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.